As pro-democracy protests grind on for a fourth month, Hong Kong has been left counting the cost, with the city's tourist industry battered and businesses forced to lay off staff as they struggle to stay afloat. Images beamed around the world of black-clad demonstrators battling police in full riot gear on streets usually lined with shoppers have led travellers to shun the financial hub. And with protesters and the government showing no signs of backing down, there are worries things will not improve any time soon. August witnessed the biggest fall in overseas visitors since the SARS epidemic of 2003 claimed nearly 300 lives and unleashed widespread panic in the city, according to government data. Among the worst-hit areas is Causeway Bay, a normally bustling commercial precinct home to a slate of luxury brands where last weekend shoppers and bystanders were caught up as police fired volleys of tear gas at masked youths. A neighbourhood pharmacist, who asked to be identified only by ..
Pump prices recorded their sharpest rise since July 5 on Tuesday. As oil, financial and stock markets remained jittery, fuel retailers raised the price of petrol by 14 paise to Rs 72.17 a litre. Diesel prices went up by by 15 paise to Rs 65.58 in the Delhi market.